Auditing Crypto 2024

Program Description:

NOTE: This course has been updated to include the FASB guidance on accounting for crypto assets released on October 12, 2022

Companies, not-for-profits, and governments are increasingly accepting payments in crypto currencies and other crypto assets. Are you an auditor planning on performing an audit on crypto assets and liabilities? Whether you are a new auditor or just need a refresher on this topic this course is for you. We will review steps for planning the audit, testing internal controls over crypto assets & liabilities, conducting analytical procedures and performing substantive testing.

From an audit procedure standpoint this session will also focus on the techniques and documentation needs that an auditor needs to know. In addition, the session will offer practical advice to auditors on conducting an audit of crypto assets & liabilities.

Learning Objectives:

• Identify the steps in an audit of crypto assets & liabilities
• Identify audit procedures for auditing crypto assets & liabilities